New North Dakota oil formation drawing interest

OntarioVanMan

Retired Expediter
Owner/Operator
The Associated Press rapidcityjournal.com | Posted: Wednesday, November 17, 2010 9:15 am

DICKINSON, N.D. -- State officials say an oil formation in southwestern North Dakota believed to be similar to the Bakken shale formation is drawing interest.

Department of Mineral Resources geologist Stephan Nordeng says the Tyler Formation above the Bakken encompasses nearly all of western and southwestern North Dakota and extends into South Dakota.

State Mineral Resources Director Lynn Helms says the Tyler Formation is most likely one-third to one-half the size of the Bakken in terms of coverage area and oil reserves.

The Bakken covers some 25,000 square miles in North Dakota, Montana, Saskatchewan and Manitoba. Officials believe more than 4 billion barrels of oil can be recovered using current technology.
 

louixo

Veteran Expediter
Charter Member
Does anyone think that the left leaning liberal tree huggers populating the Obama administration even give a rat's you know what? If we tapped just part of our known reserves, we could reduce the cost of fuel 20 fold. However, a couple herds of caribou and some eagles or something might have to relocate.
 
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